by Rami Abu-Draa | Jan 6, 2026 | Tecchnical Analysis
USDJPY still holds trades a trading channel. As we see over the chart and as long as the market holds above 156.10, another advance toward 157.30 and 157.75 will be expected. Below 156.10, the risk for a further drop towards 155.25 and 154.45 is likely. SUPPORT...
by Rami Abu-Draa | Jan 6, 2026 | Tecchnical Analysis
GBPUSD passed above the 1.3465 resistance which could lead to a further advance towards the 1.3610-40 zone. As we see from the chart, prices face intraday support at 1.3490, where if the market holds above it, the advance toward 1.3610-40 will be expected which in...
by Rami Abu-Draa | Jan 6, 2026 | Tecchnical Analysis
The Euro managed to break a Rising Wedge formation which could cause a downturn towards 1.1490. As we see over the Intraday chart, prices still face a support zone at 1.1600-50, which could lead to an advance higher. Below 1.1600, more of a drop towards 1.1490 will...
by David Kindley | Jan 6, 2026 | Tecchnical Analysis
GBPUSD seeks support The US dollar clawed back losses after the pair hit a fresh high at 1.3530. A fall below 1.3450 has strengthened the bearish bias, as the price is now in a small consolidation. This level is now a key resistance to clear before the pound can climb...
by David Kindley | Jan 5, 2026 | Tecchnical Analysis
Gold remained in the bull zone as tensions between the U.S. and Venezuela increased. As Oil slides, will there be a turnaround in price action as the crisis continues? Timestamps XAUUSD 00:25 WTI 01:40 Test your trading strategy on forex and stocks with Orbex OPEN...
by Rami Abu-Draa | Jan 5, 2026 | Tecchnical Analysis
We still holding the same outlook for the Dow as the market is still holding above the 47600-700 support. As we see over the chart, the advance is still ongoing after last Friday’s drop toward 47817, as prices face resistance at 48550 and 48865. As long as the...
